B&M European Value Retail
BME.L
#3117
Rank
C$5.65 B
Marketcap
$5.63
Share price
-0.57%
Change (1 day)
-36.94%
Change (1 year)

P/E ratio for B&M European Value Retail (BME.L)

P/E ratio at the end of 2023: 13.5

According to B&M European Value Retail's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 910.628. At the end of 2023 the company had a P/E ratio of 13.5.

P/E ratio history for B&M European Value Retail from 2015 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202313.513.73%
202211.97.58%
202111.1-62.35%
202029.463.4%
201918.0-1.56%
201818.3-10.65%
201720.513.94%
201618.0-71.8%
201563.7

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.